CAE signs contract with Hangar8 for pilot training on eight business aircraft types

CAE announced today at the European Business Aviation Convention and Exhibition (EBACE) the signing of a contract with corporate jet company Hangar8 for pilot training services on eight aircraft types. CAE will provide training on Hawker Beechcraft, Bombardier Challenger, Cessna Citation, Dassault Falcon and Embraer aircraft models. The Hawker training will be conducted at Emirates-CAE Flight Training (ECFT) in Dubai, UAE; training on other aircraft types will occur at Burgess Hill, UK near London; and CAE SimuFlite in Dallas, Texas.

"Hangar8 and the entire CAE team share an unparalleled commitment to safety and customer service," said Dustin Dryden, Chief Executive Officer, Hangar8. "CAE's presence around the globe and training flexibility are important to our expanding base of operations."

"We are very pleased that Hangar8 has decided to begin training with CAE, and look forward to helping them grow their business by producing proficient and effective pilots," said Jeff Roberts, CAE Group President, Civil Simulation Products, Training and Services. "Our global network of business aviation training centres helps bring operationally relevant training closer to our customers' base of operations."

About Hangar8

Hangar8 is one of Europe's forward-thinking corporate jet companies. With worldwide capabilities, they operate some of the newest, safest, most desirable aircraft available for those who appreciate and understand the value of provenance. Aircraft are based worldwide with fleet bases at Oxford, Luton, Biggin Hill, Guernsey, Jersey, Nice, Krasnadar, Kiev, Dubai, Freetown, and Moscow airports. www.hangar8.co.uk

About CAE

CAE is a world leader in providing simulation and modelling technologies and integrated training solutions for the civil aviation industry and defence forces around the globe. With annual revenues exceeding C$1.6 billion, CAE employs more than 7,000 people at more than 90 sites and training locations in 20 countries. We have the largest installed base of civil and military full-flight simulators and training devices. Through our global network of 29 civil aviation and military training centres, we train more than 75,000 crewmembers yearly. We also offer modelling and simulation software to various market segments and, through CAE's professional services division, we assist customers with a wide range of simulation-based needs. www.cae.com

- 30 -

A high-resolution photo of Hangar8 CEO Dustin Dryden (left) and Jeff Roberts, CAE Group President, Civil Simulation Products, Training and Services, at EBACE 2010 is available for download at www.cae.com/photos.